Understanding Ownership Changes at Summa Defence Plc

Significant Ownership Notification from Summa Defence Plc

Summa Defence Plc has officially announced a notable change regarding its shareholding structures. Recently, on June 10, a notification surfaced from Markku Kankaala, indicating that PM Ruukki Oy, under his control, has exceeded a significant threshold of ownership of the company’s shares and voting rights.

Overview of Shareholding Structure

As per the latest disclosures, PM Ruukki Oy's ownership now constitutes over 5% of the share capital of Summa Defence Plc. This move marks a point of interest for both investors and industry stakeholders, as changes in major shareholdings can affect market perception and stock performance.

Total Share Count

The total number of shares currently stands at approximately 4.57 billion, reflecting the scale and scope of Summa's reach within the defence sector. Each share carries one voting right, providing shareholders with a direct say in the company's governance.

Details of the Flagging Notification

According to the notification, the specifics of PM Ruukki Oy’s ownership include:

• Current ownership percentage: 8.55% of total shares and voting rights.
• Shares held through financial instruments: Not applicable.
• Total voting rights resulting from both categories reaches 8.55%.

With this ownership status, Summa Defence Plc continues to progress in a dynamic environment where shareholder engagement and governance are pivotal for strategic decisions.

Understanding Ownership Components

The ownership details also highlight the breakdown of share types and voting rights:

Class/Type of Shares & ISIN Code

The shares, identified under the ISIN code FI4000425848, have been categorized to demonstrate direct and indirect voting rights through various regulations. Specifically:

• Direct shares have no current holdings, while indirect shares amount to approximately 390 million.
• Overall ownership via shares and instruments constitutes a crucial aspect of the governance structure.

Background on Summa Defence Plc

Summa Defence Plc, known for its strategic focus on defense and security technology, plays a vital role in both civilian and military sectors. The company is dedicated to enhancing situational awareness, mobility, and security supply across regions facing geopolitical uncertainties.

Investors should note that the shares of Summa Defence Plc are traded on the Nasdaq First North Growth Market, with ticker symbols including SAVOS in Stockholm and SAVOH in Helsinki. This positioning not only highlights the company’s credibility but also ensures its visibility within the international markets.

Contact Information for Further Inquiries

For those who seek more detailed information about Summa Defence Plc’s recent developments or its business outlook, questions can be directed to:

Jussi Holopainen, CEO
Phone: +358 44 517 4543
Email: jussi.holopainen@summadefence.com

Media Contact:
Tommi Manninen, Chief Communications Officer
Phone: +358 400 437 515
Email: tommi.manninen@summadefence.com

Frequently Asked Questions

What is the recent ownership percentage for PM Ruukki Oy?

The latest notification indicates that PM Ruukki Oy holds 8.55% of the shares and voting rights.

Where are the shares of Summa Defence Plc traded?

Shares of Summa Defence Plc are listed on Nasdaq First North Growth Market under the ticker symbols SAVOS and SAVOH.

How many shares does Summa Defence Plc have in total?

Summa Defence Plc currently has approximately 4.57 billion shares outstanding.

What does the ownership notification mean for investors?

Such notifications provide transparency regarding significant shifts in ownership, which can influence investment strategies and market valuations.

Who should I contact for more information about Summa Defence Plc?

You can reach out to Jussi Holopainen, the CEO, or Tommi Manninen, the Chief Communications Officer, via the provided contact details for inquiries.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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